SETTLES, W. R. -B-

Name: SETTLES, W. R. -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2705District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$4.0 M

Jan 1993 – Apr 2012

Value, last 12 filed months

$262 k

at the published price for each month

Months reported

232

no gaps in the span

Streams

oil, casinghead gas

The HOWARD GLASSCOCK field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 285 leases and 3,948 wells, and the rule below applies to all of them.

Discovered

1925-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

400 ft

minimum

From a lease line

200 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 11/22/11.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	133,466 bbl	$3,963,770
Casinghead gas	Production	4,649 Mcf	$12,612
Total			$3,976,382

2,379 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (12)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.0914, -101.4056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.09073, -101.40528 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

12 of 12 wells

With a plug date

66.7%

8 of 12 wells

Median depth

2,600 ft

12 wells filed one

Completion to plug

17.3 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

12100.0%

A plug date is filed

866.7%

BothOn the schedule and plugged. Neither fact cancels the other.

866.7%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Total depth in feet, 12 of 12 wells. Median 2,600 ft, with the middle half between 2,581 and 2,638 ft; the shallowest is 2,450 ft and the deepest 3,220 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 12 wells, Oct 1976 – Apr 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Oct 1976 – Apr 2017

7 of 12 wells; 5 filed none

Plug dates filed

Apr 1971 – Jun 2021

8 of 12 wells; 4 filed none

Last completion to plug: a median of 17.3 years across the 3 wells that filed both dates, with the middle half between 10.7 years and 19.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells


42-22700380	1	2,450 ft	—	Aug 1994	Yes
42-22700531	4	3,200 ft	—	Jun 2021	Yes
42-22700537	5	2,605 ft	—	Jun 1994	Yes
42-22700546	7	2,585 ft	—	Jun 1994	Yes
42-22780203	3	2,570 ft	—	Apr 1971	Yes
42-22731063	10	2,600 ft	Apr 2017	—	Yes
42-22736487	16	3,220 ft	Jun 2013	—	Yes
42-22731901	13	2,550 ft	Jan 1992	—	Yes
42-22700548	8	2,675 ft	Aug 1990	Aug 1994	Yes
42-22732910	14	2,600 ft	Nov 1982	—	Yes
42-22731145	12	2,625 ft	Apr 1977	Aug 1994	Yes
42-22731062	11	2,600 ft	Oct 1976	Apr 1999	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (232)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

232 months


Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	444	22	95.72	3.31	$42,573
Oct 2011	523	22	84.98	3.65	$44,525
Sep 2011	311	34	83.62	3.99	$26,141
Aug 2011	319	22	83.40	4.15	$26,696
Jul 2011	344	10	94.14	4.52	$32,429
Jun 2011	425	12	92.90	4.64	$39,538
May 2011	512	0	98.13	4.40	$50,243
Apr 2011	523	3	105.96	4.33	$55,430
Mar 2011	1,006	6	96.36	4.06	$96,963
Feb 2011	757	22	85.64	4.18	$64,921
Jan 2011	334	23	86.50	4.59	$28,997
Dec 2010	346	10	85.73	4.35	$29,706
Nov 2010	309	9	80.84	3.80	$25,014
Oct 2010	311	0	78.10	3.51	$24,289
Sep 2010	291	0	72.63	3.98	$21,135
Aug 2010	314	0	73.68	4.42	$23,136
Jul 2010	303	0	72.55	4.74	$21,983
Jun 2010	258	40	70.36	4.91	$18,349
May 2010	282	11	71.12	4.24	$20,102
Apr 2010	298	19	81.69	4.12	$24,422
Mar 2010	306	31	78.39	4.39	$24,123
Feb 2010	283	40	73.58	5.44	$21,041
Jan 2010	317	15	74.36	5.96	$23,662
Dec 2009	301	23	71.44	5.48	$21,630
Nov 2009	310	11	74.59	3.75	$23,164
Oct 2009	215	10	72.54	4.11	$15,637
Sep 2009	216	20	65.54	3.06	$14,218
Aug 2009	219	1	67.42	3.22	$14,768
Jul 2009	219	0	61.13	3.46	$13,387
Jun 2009	196	0	66.16	3.90	$12,967
May 2009	213	0	54.74	3.93	$11,660
Apr 2009	182	0	46.77	3.59	$8,512
Mar 2009	116	10	42.14	4.06	$4,929
Feb 2009	152	12	32.81	4.63	$5,043
Jan 2009	228	9	35.86	5.37	$8,224
Dec 2008	305	15	37.10	5.98	$11,405
Nov 2008	338	9	55.49	6.86	$18,817
Oct 2008	346	7	75.24	6.92	$26,081
Sep 2008	349	12	101.76	7.88	$35,609
Aug 2008	341	20	114.22	8.48	$39,119
Jul 2008	311	24	131.08	11.39	$41,039
Jun 2008	235	4	131.33	13.03	$30,915
May 2008	180	0	123.17	11.57	$22,171
Apr 2008	282	21	110.31	10.45	$31,327
Mar 2008	310	42	101.90	9.66	$31,995
Feb 2008	284	33	92.53	8.77	$26,568
Jan 2008	307	35	90.38	8.21	$28,034
Dec 2007	327	27	88.33	7.30	$29,081
Nov 2007	365	33	91.67	7.29	$33,700
Oct 2007	317	49	82.85	6.92	$26,603
Sep 2007	236	35	75.84	6.24	$18,117
Aug 2007	299	51	69.06	6.39	$20,975
Jul 2007	245	32	70.90	6.39	$17,575
Jun 2007	204	22	62.00	7.55	$12,814
May 2007	320	30	58.74	7.85	$19,032
Apr 2007	281	28	59.61	7.81	$16,969
Mar 2007	303	0	56.92	7.30	$17,247
Feb 2007	312	0	55.10	8.22	$17,191
Jan 2007	353	0	50.30	6.73	$17,756
Dec 2006	312	0	56.65	6.92	$17,675
Nov 2006	146	0	54.20	7.62	$7,913
Oct 2006	220	0	54.90	6.01	$12,078
Sep 2006	216	0	60.08	5.04	$12,977
Aug 2006	223	0	68.71	7.34	$15,322
Jul 2006	246	0	69.37	6.34	$17,065
Jun 2006	237	0	66.28	6.38	$15,708
May 2006	266	0	66.01	6.42	$17,559
Apr 2006	192	8	64.39	7.36	$12,422
Mar 2006	382	10	56.70	7.08	$21,730
Feb 2006	385	9	57.59	7.75	$22,242
Jan 2006	407	25	60.59	8.93	$24,883
Dec 2005	281	32	54.94	13.42	$15,867
Nov 2005	234	37	54.69	10.59	$13,189
Oct 2005	308	47	58.34	13.80	$18,617
Sep 2005	273	0	61.45	12.08	$16,776
Aug 2005	203	0	61.51	9.80	$12,487
Jul 2005	247	0	55.69	7.84	$13,755
Jun 2005	307	0	52.33	7.38	$16,065
May 2005	259	0	45.22	6.65	$11,712
Apr 2005	278	0	49.20	7.36	$13,678
Mar 2005	303	1	50.37	7.15	$15,269
Feb 2005	255	0	45.22	6.31	$11,531
Jan 2005	404	4	43.16	6.32	$17,462
Dec 2004	335	12	39.86	6.75	$13,434
Nov 2004	325	0	45.28	6.33	$14,716
Oct 2004	314	43	49.70	6.52	$15,886
Sep 2004	302	28	43.24	5.28	$13,206
Aug 2004	356	0	42.37	5.55	$15,084
Jul 2004	433	18	38.28	6.08	$16,685
Jun 2004	414	13	36.10	6.43	$15,029
May 2004	357	10	37.48	6.49	$13,445
Apr 2004	387	8	34.47	5.86	$13,387
Mar 2004	408	4	34.36	5.53	$14,041
Feb 2004	355	8	32.45	5.51	$11,564
Jan 2004	614	6	32.03	6.30	$19,704
Dec 2003	410	9	30.26	6.30	$12,463
Nov 2003	389	21	28.80	4.60	$11,300
Oct 2003	355	10	28.17	4.76	$10,048
Sep 2003	384	19	26.31	4.75	$10,193
Aug 2003	375	12	29.76	5.13	$11,222
Jul 2003	373	15	29.41	5.17	$11,047
Jun 2003	358	15	28.56	5.98	$10,314
May 2003	387	15	26.59	5.97	$10,380
Apr 2003	360	18	26.67	5.41	$9,699
Mar 2003	369	12	31.14	6.10	$11,564
Feb 2003	113	6	33.48	7.93	$3,831
Jan 2003	398	9	30.31	5.58	$12,114
Dec 2002	394	9	26.91	4.85	$10,646
Nov 2002	98	0	24.66	4.14	$2,417
Oct 2002	98	12	26.46	4.23	$2,644
Sep 2002	294	18	27.44	3.64	$8,133
Aug 2002	254	21	25.96	3.16	$6,660
Jul 2002	329	18	24.58	3.06	$8,142
Jun 2002	339	18	23.73	3.34	$8,105
May 2002	504	6	24.66	3.58	$12,450
Apr 2002	447	6	23.65	3.51	$10,593
Mar 2002	481	6	22.00	3.10	$10,601
Feb 2002	433	12	18.22	2.38	$7,918
Jan 2002	485	18	17.17	2.38	$8,370
Dec 2001	475	3	16.93	2.36	$8,049
Nov 2001	443	6	18.07	2.41	$8,019
Oct 2001	344	18	19.78	2.53	$6,850
Sep 2001	467	18	24.26	2.25	$11,370
Aug 2001	389	15	24.87	3.05	$9,720
Jul 2001	399	18	23.93	3.20	$9,606
Jun 2001	338	18	24.56	3.82	$8,370
May 2001	398	69	25.52	4.31	$10,454
Apr 2001	437	24	24.68	5.34	$10,913
Mar 2001	501	15	24.54	5.38	$12,375
Feb 2001	355	18	27.75	5.77	$9,955
Jan 2001	552	24	27.47	8.40	$15,365
Dec 2000	430	0	26.88	9.12	$11,558
Nov 2000	425	30	32.21	5.66	$13,859
Oct 2000	527	30	31.23	5.15	$16,613
Sep 2000	556	1	31.87	5.19	$17,725
Aug 2000	397	1	29.64	4.54	$11,772
Jul 2000	524	3	28.53	4.09	$14,962
Jun 2000	653	8	29.30	4.40	$19,168
May 2000	759	7	27.26	3.68	$20,716
Apr 2000	722	12	24.51	3.12	$17,734
Mar 2000	611	1	28.42	2.86	$17,367
Feb 2000	602	1	27.62	2.73	$16,630
Jan 2000	592	1	25.27	2.48	$14,962
Dec 1999	745	9	24.28	2.42	$18,110
Nov 1999	588	3	23.19	2.43	$13,643
Oct 1999	506	33	20.98	2.80	$10,708
Sep 1999	504	18	21.75	2.62	$11,009
Aug 1999	519	1	19.26	2.88	$9,999
Jul 1999	487	1	17.89	2.37	$8,715
Jun 1999	443	10	15.94	2.36	$7,085
May 1999	523	15	15.79	2.32	$8,293
Apr 1999	630	13	15.10	2.21	$9,542
Mar 1999	615	1	12.47	1.84	$7,671
Feb 1999	554	1	9.98	1.82	$5,531
Jan 1999	340	7	10.38	1.90	$3,543
Dec 1998	277	1	9.20	1.77	$2,550
Nov 1998	365	1	10.89	2.19	$3,977
Oct 1998	553	1	12.42	1.97	$6,870
Sep 1998	561	11	12.59	2.08	$7,086
Aug 1998	488	20	11.30	1.91	$5,553
Jul 1998	499	40	11.74	2.24	$5,948
Jun 1998	467	37	11.24	2.24	$5,332
May 1998	709	40	12.62	2.21	$9,036
Apr 1998	706	4	13.04	2.51	$9,216
Mar 1998	959	4	12.80	2.31	$12,284
Feb 1998	650	3	13.95	2.30	$9,074
Jan 1998	657	3	14.70	2.15	$9,664
Dec 1997	651	4	16.32	2.41	$10,634
Nov 1997	511	4	18.19	3.09	$9,307
Oct 1997	553	4	19.25	3.15	$10,658
Sep 1997	730	4	17.74	2.95	$12,962
Aug 1997	649	4	17.86	2.55	$11,601
Jul 1997	581	4	17.58	2.25	$10,223
Jun 1997	650	4	17.24	2.26	$11,215
May 1997	711	4	18.97	2.31	$13,497
Apr 1997	422	4	17.88	2.08	$7,554
Mar 1997	764	4	18.95	1.94	$14,486
Feb 1997	665	4	20.49	2.21	$13,635
Jan 1997	553	4	23.48	3.54	$12,999
Dec 1996	899	4	23.32	—	$20,965
Nov 1996	1,044	4	21.97	—	$22,937
Oct 1996	968	4	23.31	—	$22,564
Sep 1996	663	4	22.22	—	$14,732
Aug 1996	737	4	20.26	—	$14,932
Jul 1996	622	4	19.55	—	$12,160
Jun 1996	566	4	18.73	—	$10,601
May 1996	857	4	19.43	—	$16,652
Apr 1996	1,014	4	21.51	—	$21,811
Mar 1996	1,197	4	19.38	—	$23,198
Feb 1996	850	4	16.98	—	$14,433
Jan 1996	1,016	4	17.07	—	$17,343
Dec 1995	1,047	4	17.19	—	$17,998
Nov 1995	1,172	4	16.00	—	$18,752
Oct 1995	1,207	4	15.43	—	$18,624
Sep 1995	1,153	4	16.18	—	$18,656
Aug 1995	1,218	3	15.92	—	$19,391
Jul 1995	1,444	4	15.24	—	$22,007
Jun 1995	1,485	4	16.41	—	$24,369
May 1995	1,005	4	17.56	—	$17,648
Apr 1995	965	4	17.73	—	$17,109
Mar 1995	1,337	3	16.44	—	$21,980
Feb 1995	1,193	84	16.58	—	$19,780
Jan 1995	1,492	93	15.92	—	$23,753
Dec 1994	1,647	93	15.03	—	$24,754
Nov 1994	1,736	88	15.90	—	$27,602
Oct 1994	2,025	63	15.58	—	$31,550
Sep 1994	1,276	87	15.29	—	$19,510
Aug 1994	1,612	92	16.13	—	$26,002
Jul 1994	1,880	93	17.56	—	$33,013
Jun 1994	2,520	90	17.09	—	$43,067
May 1994	2,286	78	15.88	—	$36,302
Apr 1994	1,814	82	14.14	—	$25,650
Mar 1994	1,612	83	12.46	—	$20,086
Feb 1994	2,859	84	12.50	—	$35,738
Jan 1994	2,916	92	12.66	—	$36,917
Dec 1993	1,496	93	12.33	—	$18,446
Nov 1993	1,349	90	14.49	—	$19,547
Oct 1993	1,053	93	15.85	—	$16,690
Sep 1993	898	90	15.03	—	$13,497
Aug 1993	829	89	15.66	—	$12,982
Jul 1993	616	90	15.46	—	$9,523
Jun 1993	684	87	16.79	—	$11,484
May 1993	838	93	17.68	—	$14,816
Apr 1993	774	90	18.05	—	$13,971
Mar 1993	1,269	93	18.14	—	$23,020
Feb 1993	1,647	84	17.90	—	$29,481
Jan 1993	1,554	99	16.93	—	$26,309

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2011 — as filed, then multipliedworked

Oil                  444 bbl  × $ 95.72 =    $42,500
Casinghead gas        22 Mcf  × $  3.31 =        $73

────────────────────────────────────────────────────
Month total                                  $42,573

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/2705 is the state's own key, not one this site invented.